232: A sterling effort? Reviewing the fallout from the UK’s mini-budget

It’s been a turbulent two weeks for the British economy, with Chancellor Kwasi Kwarteng’s ‘mini-budget’ sending sterling plummeting, gilt yields soaring and prompting an intervention from the Bank of England that successfully brought yields down. As the dust settles, what conclusions can investors draw – and where next for UK fiscal and monetary policy?  Andrew Lowry, European Content Manager at LGIM, sits down with Senior European Economist Hetal Mehta to take stock of a dramatic fortnight on the markets. For professional investors only. Capital at risk.